I'd say the oil price hovering between $50-$70 between and Q1...

I'd say the oil price hovering between $50-$70 between and Q1 2016 would be in our best interests. It means we can get a few appraisal wells under out belt at bargain basement prices and hopefully secure further exploration and appraisal contracts for 2016 before the inevitable oil price spike.

My main query is what Cath and the team have planned as far as funding goes outside of the initial 2-3 wells scheduled for Q4. They demonstrated last year their forward planning with the CR at 11c. With the cash on hand at the moment looking like it will be depleted during Q4 I think they will sort out the funding situation well before then. I'd say we'd hear something between the appraisal plans being announced in April and drilling commencing in Q4.

I'm hoping we don't sell down any of our Senegal asset, FARJOY's forward sales sound most appealing. Even if we have one final CR before we have our own revenue stream it wouldn't be the worst thing - provided the share price has appreciated by then.